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प्रश्न
Give four examples for revenue receipts of the not-for-profit organisation.
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उत्तर
- Subscription
- Interest on investment
- Interest on fixed deposit
- Sale of old sports material
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संबंधित प्रश्न
Write one Word/Term/Phrase for the following statement.
All such receipts which are non-recurring in nature and not forming a part of regular flow of income.
Write the word/phrase/term, which can substitute the following sentence.
Accounts which records only cash transactions in case of Not for Profit Concern.
State whether the following statement is True or False with reasons.
There is no difference between Receipts and Payments Account and Income and Expenditure Account.
In Receipts and Payments Account the summary of _____ transactions are recorded.
Give four examples for capital receipts of the not-for-profit organisation.
Consider the following statements
Statement 1 - "Receipt and Payment Account records the receipts and payments of revenue nature only".
Statement 2 - "Receipt and Payment Account records the receipts and payments of revenue nature and capital nature".
Sports Star Charitable Club has income of ₹ 16,000 and 'deficit' debited to capital fund of ₹ 4,300 for the year 2019-20, then expenditure for 2019-20 is ______.
Receipts and Payments Account is a summary of ______.
The amount received from the sale of grass by a club should be treated as ______
The Receipts and Payments Account is a summary of ______.
